QM (oil) has resistance at 60.425, weekly R1. Equity bulls need a pullback in oil soon SMH (semis) now at confluence 20 and 200 dma. An absolute must hold for the tech sector. Amazing how we went from one bullish extreme to a day like today. The very low VIX was the warning, don't ever let anyone tell you otherwise.
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on Monday, November 27, 2006 at 11/27/2006 02:52:00 PM.
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